German new passenger car registrations up 3% in August – industry source


(Reuters) – German new passenger car registrations rose 3% in August to nearly 200,000 vehicles, an industry source said on Monday.
(Reuters) – German new passenger car registrations rose 3% in August to nearly 200,000 vehicles, an industry source said on Monday.
From January to August, new passenger car registrations fell 10% to 1.64 million vehicles, the source added.
(Reporting by Jan Schwartz; Writing by Paul Carrel; Editing by Miranda Murray)
A passenger car registration refers to the official recording of a new vehicle with the relevant authorities, allowing it to be legally driven on public roads.
Market capitalisation is the total market value of a company's outstanding shares of stock, calculated by multiplying the share price by the total number of shares.
Consumer perception is how consumers view and interpret a brand or product based on their experiences, beliefs, and marketing messages.
Economic benefits refer to the positive impacts on the economy, such as job creation, increased productivity, and improved living standards resulting from various activities or policies.
The automotive industry encompasses all companies and activities involved in the manufacturing, marketing, and selling of motor vehicles, including cars, trucks, and motorcycles.
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